Maranatha 2 Group

Thank you for your loan. It has been disbursed to the MARANATHA 2 group, consisting of Corina Callau Medrano, Jaime Meriles Subirana, Felipa Mendez, Lucy Guasace Urquieta, Lucia Porcel Mamani, Marta Pachury Rodrigues, Segundani Justiniano Cuellar, Maria Victoria Rojas Alvarado, Dolly Yovana Burgos Diaz, Patricia Menacho Arriaza, German Vaca Roca, Mirian Anzoateguy Soleto, Adrian Carrillo Goitia, Aida Francisca Delgadillo Calderon by Fundación Agrocapital, a partner of ACDI/VOCA in Bolivia. We are excited to watch this business grow. Over the next 5 months, Fundación Agrocapital, a partner of ACDI/VOCA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

I visited Lucy and her next-door neighbor Felipa, both members of the Maranatha group, one Friday afternoon in Montero, a small city of 100,000 in eastern Bolivia. Lucy was at the market when we arrived, so we sat under the shade of her mango tree to enjoy some homegrown tamarinds with her husband while we waited. Lucy soon returned with bags full of produce to cook the night’s dinner. Lucy sells meals from her home in the evenings, and she used her Kiva loan of 4,000 bolivianos (US $557) to buy a refrigerator and some ingredients to make her specialties: tripe and pig’s stomach. She also sells chicha and somó, a popular drink made with boiled corn, sugar, cinnamon and clove. Her cooking must have quite a reputation, because her customers come from near and far just to get their hands on a plate. Sales are good, she tells me, and she’s planning to stick with the group for its next loan cycle (its fifth).

The smell of freshly baked bread wafts into Lucy’s yard. I follow my nose next door, where Felipa and her granddaughters are hard at work baking today’s batch of bread. Felipa, like Lucy, is a founding member of the Maranatha group and has participated in all four if its loan cycles. She started her business selling donuts and pan de arroz (bread made with rice flour and mashed yucca). Then she started making regular bread, and today she sells several varieties of rolls, some sweet and some savory. I can’t resist trying one of her piping hot rolls, which is rich, white and fluffy with a sugary topping—very delicious.

Felipa used her Kiva loan of 1,800 bolivianos (US$257) to buy flour, lard, cheese and other ingredients to make bread. She works seven days a week and sells about 230 bolivianos’ (US$33) worth of bread each day, earning 60 bolivianos (US$8) in profits. She says she enjoys working with the group, since the women all know one another very well and everyone is responsible and punctual. She has taken out individual loans before, she tells me, but prefers the group loan because it doesn’t involve so much paperwork. Like Lucy, Felipa plans to continue working with Maranatha in future loan cycles.

Out of curiosity, I ask Felipa what Maranatha means, and she shrugs and laughs—neither she nor her loan officer, Julio Cesar, can remember who thought up the name or why.